Friday, November 22, 2024
HomeHealthcareHealth insurance and taxes | HealthCare.gov

Health insurance and taxes | HealthCare.gov


Published on February 23, 2023

If you had Marketplace coverage at any point in 2022, or got premium tax credits last year, here’s what you need to know about filing your federal taxes.

  1. Keep your Form 1095-A in a safe place
  2. Check that your Form 1095-A is correct
    • Make sure your household and coverage information, the “” amount, and the monthly premium are correct.
    • If you find a mistake, contact the Marketplace Call Center. We’ll send you an updated form to file.
  3. “Reconcile” with your correct Form 1095-A
    • Use the information from your correct Form 1095-A to complete Part II of Form 8962 (PDF, 110 KB). 
    • Get details on how to “reconcile”
    • If there’s a difference between the amount of premium tax credit you used during the year and the amount you actually qualify for, it will impact your refund or the amount of taxes you owe.
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments